BY GILES METCALFE
The 2013 edition of BDO’s annual survey of Football Finance Directors (FDs) has discovered that an alarming number of football club owners are considering a full or partial exit from their respective clubs.
BDO state that most teams will meet the new Financial Fair Play (FFP) regulations, but an owner exodus from Football League teams is predicted during the next two seasons as those owners struggle to find funding.
The BDO report, entitled ‘New Dawn for Fair Play?’, and focussing on the FFP regulations and their impact in particular, questioned 66 finance directors from across the professional divisions, representing 63% of the football leagues featured.
The headline findings emerging from the survey show that the current owners of 36 per cent of FL1 and 28 per cent of FLC clubs in the survey are considering a full or partial exit, with only 30 per cent of finance…
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